Ecobank TI Connects to Yuan: A New Corridor for African Currencies

Ecobank Enables Yuan Payments for Businesses in Africa-China Trade

Ecobank will facilitate payments in yuan for businesses engaged in trade between Africa and China.

BRVM (West Africa) — BOA Capital Raises Reshape Flows as Energy Jumps 2.22%

Trading flows shifted toward banking names after 4 Bank of Africa capital-raise announcements, while the BRVM energy index rose 2.22%. Even so, the BRVM Composite fell 0.28% as market breadth stayed weak at 8 gainers versus 19 losers.

BRVM (West Africa) — Industrials Jump 1.95% as 4 BOA Capital Raises Reset the Banking Narrative

BRVM industrials led the market with a 1.95% gain, driven by Orange Côte d’Ivoire and SOGB, while four Bank of Africa capital-raise announcements reshaped the banking story. The broader market stayed mixed, with the BRVM Composite down 0.26% and only 10 advancers out of 47 stocks.